I recently refinanced my home to borrow money and pay off another home of mine. Unfortunately, I refinanced my home prior to when the mortgage rate were declining. I did find out that i can request for a mortgage modification to a lower rate (6.5% on a jumbo loan). Does any body have any experience [...]
I am barely able to pay the minimum payment( I have a negative amortization loan) My credit is bad. Is it better to try to get a modification when we start earning more money? My property is worth less than what I owe. Talk to your lender. With all of the mortgage problems in the [...]
My husband and I were late on our mortgage payment last year and requested a loan modification. We had tried to resume making payments while they were supposedly processing our loan modification. They always return them. We call them every day, attempting to contact the person that is supposed to be working on our loan. [...]
